Rate Breakdown

Property taxes in Racine County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Racine County

Property taxes in Racine County are calculated based on the assessed value of your property and the combined millage (tax) rates set by local taxing authorities, including the county, municipalities, school districts, and technical colleges. Here’s how the process works:

• Assessment: The Racine County Assessor's Office determines the fair market value of your property as of January 1 each year. Assessments are typically based on recent sales of comparable properties.
• Millage Rates: Tax rates (mill rates) are applied per $1,000 of assessed value. These rates vary depending on your location within the county and the budgets of local governments.
• Tax Calculation: Your tax bill is calculated by multiplying the assessed value (minus exemptions) by the total mill rate. For example, a home valued at $200,000 with a mill rate of 20 would owe $4,000 annually.

Available Exemptions

Wisconsin offers several property tax exemptions that may reduce your tax burden:

• Homestead Credit: Low-income homeowners may qualify for a refundable credit based on property taxes or rent paid.
• Senior Citizen Exemption: Residents aged 65+ with limited income may qualify for a reduction in property taxes under the Wisconsin Lottery and Gaming Credit.
• Disability Exemption: Homeowners with disabilities may be eligible for exemptions or deferrals, depending on income and disability status.
• Veteran Exemptions: Veterans with service-connected disabilities or their surviving spouses may qualify for partial or full property tax exemptions.

Applications for exemptions must be filed with the Racine County Treasurer’s Office by the specified deadlines.

Payment Schedule & Deadlines

Racine County property taxes are typically due in two installments:

• First Installment: Due by January 31, payable to the local municipal treasurer.
• Second Installment: Due by July 31, payable to the Racine County Treasurer.

Failure to pay on time results in penalties, including a 1.5% monthly interest charge and potential tax lien or foreclosure proceedings. Payment plans may be available for eligible taxpayers facing financial hardship.

Appealing Your Assessment

If you believe your property is overassessed, you can appeal the valuation:

• Informal Review: Contact the Racine County Assessor’s Office to discuss discrepancies before filing a formal appeal.
• Formal Appeal: File a written objection with the Board of Review by the deadline (usually in May). Provide evidence such as recent sales data or an independent appraisal.
• Further Appeals: If unsatisfied, you may appeal to the Wisconsin Department of Revenue or circuit court.

Deadlines and requirements are strict, so act promptly. Consult the Racine County website or a tax professional for guidance.